Is Pay Parking Coming to Reston Town Center?
Boston Properties executive says visitors will likely have to pay in the future.
Is paid parking in Reston Town Center's future?
Possibly. Boston Properties vice president and D.C. general manager Peter Johnson tells the The Washington Business Journal he "suspects it will happen in the near future" but there is no timetable or rate structure in place.
Johnson tells WBJ that Reston Town Center, really "is an urban setting in a suburban environment."
And in urban envionments, it is common to pay for parking.
Boston Properties owns more than one million square feet of space in Reston, including the South Of Market development (the newer section of RTC). It is also building the new residential building across from Reston Town Square Park at RTC. The company also recently announced it is heading a group that seeks to purchase Fountain Square, two large mixed-use buildings at RTC.
All RTC garages are currently free except for the one at the Hyatt Regency Reston.
Johnson made the comments on Boston Properties' third-quarter earnings conference call.
He said the gates in place at RTC prevent commuters from overwhelming the garages and act as "a means of getting our customer base and the retail base used to the prospect of coming into a controlled environment as a precursor to being able to charge for parking."
Parking is likely to be at a premium after 2013, when Metrorail's Silver Line comes to Wiehle Avenue. A station on Reston Parkway, near RTC, is slated to open several years later.
Wiehle is the only stop on the Silver Line that will have a parking garage. More than 2,000 spaces are planned in the seven-story garage currently under construction.
Would you pay to park at Reston Town Center? Tell us in the comments.